Wipro’s market cap declines by ₹4,378.53 crore as stock falls nearly 2%

Wipro Limited saw a decline in its market capitalization on October 8, 2024, as the stock dropped by 1.59%. The stock opened at ₹531.55, hit a low of ₹520.30, and closed at ₹523.00, down from the previous close of ₹531.45.

As a result of this drop, Wipro’s market capitalization decreased by approximately ₹4,378.53 crores, bringing the total market cap to ₹2,72,921.24 crores. Despite the decline, the stock traded a volume of 31.89 lakh shares with a traded value of ₹167.21 crores.

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The market’s reaction reflects a cautious sentiment toward Wipro, impacting its performance in the software and consulting sector.

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